Cheap Apartments for Rent in Malvern, AL from $300 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Malvern.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-15, Page 1 of 1

Malvern, AL Local Guide

Cheapest Available Malvern Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malvern, AL is a 1 Bed unit found at Camellia Commons priced from $625. Abbey Oaks Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here is today’s list of the most affordable Malvern apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Camellia Commonsone bed1BR,1BA$625
Abbey Oaks ApartmentsThe Willow 2/1 Townhouse2BR,1BA$730
Platform DothanSmaller 1 Bedroom1BR,1BA$795
Oates Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$799
Carriage House ApartmentsOne Bedroom One Bath1BR,1BA$825

Best Value Apartments for Rent in Malvern, AL and Nearby

As of June 01, 2025 the best value apartment in the Malvern area is the $0.94 price per square foot 2 x 2 Renovated Model at The Tarragon Apartments in the starting from $1,239. The second greatest value Malvern apartment is the 2 bd Town House Model at Colony Square Apartments starting at $870 with a $0.78 price per square foot . Here is today’s list of the best values for Malvern apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Tarragon Apartments2 x 2 Renovated2BR,2BA$0.94
Colony Square Apartments2 bd Town House2BR,1.5BA$0.78
Summerwood Townhomes2 BEDROOM 1.5 BATHROOM TOWNHOME2BR,1.5BA$0.86
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.89
Barstone2 Bedroom, 2 Bathroom Renovated2BR,2BA$0.94
Heron Cove2 BEDROOM2BR,2BA$0.91
Oates Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.83
Virginia Terrace2 Bedroom 1.5 Bathroom2BR,1.5BA$0.87
Abbey Oaks ApartmentsThe Chestnut 2/1 Apartment2BR,1BA$0.81
Camellia Commonstwo bed (deluxe)2BR,1BA$0.86

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Malvern, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Malvern, AL

View MapMalvern, AL Apartments MapView MapMalvern, AL Rental Homes Map

Getting Around Malvern, AL

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Malvern Apartments

How much is rent for a Cheap One Bedroom Malvern Apartment?

The lowest price for a Cheap One Bedroom Malvern Apartment is $625 at Camellia Commons.

What is the lowest price for a Cheap Two Bedroom Malvern Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Malvern is starting from $717 at Camellia Commons.

What is the most affordable Malvern Three Bedroom Apartment?

The best deal on a cheap Malvern Three Bedroom Apartment rental is at Colony Square Apartments and starts from $950.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.